Mobile point-of-sale firm iZettle pulls in yet more funding

by tech on July 9, 2014

Swedish Square competitor iZettle has added an extra €5 million ($6.8 million) to the Series C round it announced back in May, bringing the total for the round to €45 million ($61.2 million), and iZettle’s total investment thus far to €85 million ($118 million). The new cash comes from Hasso Plattner Ventures, the SAP co-founder’s investment vehicle, while existing investors include banking and payment giants American Express, MasterCard and Banco Santander. As usual, iZettle says it will use the money to sell its little card readers in more countries.

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